📉 SEC fears AI-driven market crash

Plus, use cases for ChatGPT's code interpreter

Evan Tarver
August 09, 2023

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Here’s what we’re catching today:

🗞️ Disney exploring AI options with new task force
🗞️ SEC Chairman says AI will cause future market crash
🛠 Botsonic: Build an AI chatbot that’s trained on your data
💡 Learn the top 22 use cases for ChatGPT’s code interpreter
🗞️ Nvidia announces new AI chip to drastically lower cost

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🗞️ News

Disney Forms Task Force for AI Exploration

Walt Disney Company has launched a dedicated task force focused on exploring artificial intelligence applications across its vast portfolio. Launched this year, the group is focusing on internal AI development and actively pursuing partnerships with startups to enhance their tech prowess.

Disney's recruitment efforts emphasize a surge in AI-focused roles across departments, from studios to theme parks and advertising, signaling an all-encompassing adoption of the technology.

Key takeaways:

Walt Disney has assembled a task force to delve into potential AI applications throughout their operations
The conglomerate is exploring partnerships with startups while also fostering in-house AI development
Disney’s ongoing recruitment campaign includes 11 job openings dedicated to artificial intelligence and machine learning
One primary aim of AI integration is to mitigate the ballooning costs of movie and TV production
Beyond films, Disney's parks division eyes AI to enhance guest experiences, like the machine-learning-driven Baby Groot robot project

Why This Matters: Disney's AI approach extends beyond cost-cutting, aiming to pioneer personalized experiences that may redefine industry norms and elevate customer expectations. As reality and fantasy converge, businesses stand to learn from such tech-forward visions.

SEC Chairman Predicts AI's Role in Future Financial Crashes

Gary Gensler, Chairman of the Securities and Exchange Commission, recently highlighted concerns about the potential risks of integrating artificial intelligence in financial systems. In an interview with The New York Times, he emphasized that AI might be central to impending financial crises.

Moreover, as industries rapidly adopt advanced AI tools like ChatGPT, Gensler underlines the necessity for regulatory frameworks to address these emergent challenges and prevent market vulnerabilities.

Key takeaways:

Gary Gensler, SEC Chair, warns that AI could be the epicenter of future financial storms
The "herding" effect: AI might cause investors to rely too much on the same model, making crashes likelier
The U.S. may end up with just 2-3 AI models, which could supercharge or tank markets
The SEC is mulling over a rule to stop online brokers, like Robinhood, from leveraging AI against customer interests.

Our Take: AI's integration into finance goes beyond advanced stock advice. It's fundamentally altering financial decisions. As tools like ChatGPT rise, businesses must grasp the larger consequences or risk severe repercussions.

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🛠 Tools

Botsonic: Build an AI Chatbot with No-Code

Take a gander at Botsonic, an AI-powered maestro of chatbots. This whiz doesn't just build bots; it crafts experiences tailored to your data.

Forget coding – it's as ancient as the fax machine. Intrigued? Stay with me, as we dig deeper into Botsonic's secrets.

How Botsonic Becomes Your Personal AI Chatbot

Trust me, folks, Botsonic is like that genius friend who can read your mind and always has a perfect suggestion up their sleeve.

Trained on Your Data: Botsonic gorges on your data, learning all your quirks and idiosyncrasies. It's like a tech-savvy Sherlock Holmes, minus the Victorian accent. 🕵️‍♂️
Product Recommendations: This bot will suggest products to your users with accuracy. It'll transform your casual browsers into shopaholics, all while you enjoy your morning coffee. 🎯
Flexible Branding Options: Botsonic wears your brand like a custom-tailored suit. No need to worry about a robotic persona; this bot is as personable as they come. 🕴️
Seamless Integration: Slide Botsonic into your business operations smoother than butter on hot toast. It integrates like a charm, creating a symphony of seamless operations. 🎶
Chat Analytics: Got a craving for data analysis? Botsonic's chat analytics will satisfy even the most ravenous data-hungry minds. It's like having a personal, 24/7 data analyst. 📈

Still, beware of the learning curve. Botsonic might stumble a bit if fed with inconsistent or incomplete data. It's like feeding it junk food!

Bottom Line: Want to build custom AI chatbots with zero coding? Visit Botsonic for more!

💡 Tactics

How to Harness the Potential of ChatGPT's Code Interpreter

Unlocking the cosmos or decoding math problems is within your grasp with ChatGPT's code interpreter. This potent plugin can do anything from analyzing data to creating GIFs.

Embrace a future of efficiency and convenience. Dive into the extraordinary fusion of code and creativity.

Key Takeaways:

ChatGPT's code interpreter can solve math problems from an image, offering an intuitive and straightforward method to approach complex computations.
The tool has robust data analytics capabilities, capable of analyzing CSV files, identifying trends, generating graphs, and providing data-driven recommendations to guide future actions.
Not only can it understand and write code, but the code interpreter also allows for code optimization, feature implementation, and even audio and video editing, making it a highly versatile asset for any tech toolkit.
From creating visual word clouds to rendering 3D surface maps and even generating QR codes, ChatGPT's code interpreter presents a multifaceted platform capable of handling a wide array of tasks.

Here are the top use cases:

1. Solve Math Problems: Upload a photo of your math problem directly to ChatGPT, hit solve and get your solution in no time. 📸➕

2. Analyze Data: Upload a CSV file to ChatGPT to analyze and discern trends in your YouTube channel statistics or any other data. 📈

3. Recommend Future Actions: Ask ChatGPT to suggest steps you can take to reach specific goals, like hitting one million subscribers, based on your data. 🔮

4. Explore Correlations: Download data from Google Trends and ask ChatGPT to explain the correlation between two CSV files. 🔄

5. Correlate Data: Ask ChatGPT to create visuals to represent your data, resulting in distinct types of graphs. 📊

6. Build Presentations: Command ChatGPT to create a comprehensive presentation based on your data. 📑

7. Clean Data: Prompt ChatGPT to propose possible ways to clean your data, especially handy for tackling missing values. 🧹

8. Process Images: Upload an image and give commands to ChatGPT to crop, flip, tint or add text to your image. 📷

9. Merge Images: Upload multiple images and ask ChatGPT to blend or overlay them as per your preference. 🖼️

10. Edit Videos: Convert an image into a video, specifying effects like zooming and rotating. 🎞️

11. Convert File Formats: Change a JPEG into a PNG, an MP3 into a WAV file or a video into a GIF. 🔄

12. Make Videos: Ask ChatGPT to create a GIF with specific features, such as falling green matrix letters. 🎥

13. Edit Audio: Upload an audio file and command ChatGPT to apply changes like removing background noise. 🔈

14. Understand Code: Upload code files to ChatGPT and have it explain the code in simple English. 👨‍💻

15. Write Code: Request ChatGPT to write a specific program, like a browser-based snake game. 🐍

16. Optimize Code: Ask ChatGPT to analyze your code for potential errors or inefficiencies. ⚙️

17. Implement Features: Based on feedback or survey data, prompt ChatGPT to give you a list of feature requests to improve your software. 💡

18. Create QR Code: Have ChatGPT generate a QR code to send people to your website. 📱

19. Generate 3D Maps: Upload geographical data and prompt ChatGPT to create an interactive 3D surface map. 🗺️

20. Produce Visual Word Clouds: Ask ChatGPT to generate a word cloud based on a specific text, like the first 500 words of Romeo and Juliet. ☁️

21. Detect Faces and Objects: With image data, you can ask ChatGPT to perform tasks like face tracking or object detection. 👥

22. Explore Prompts: For a comprehensive list of different prompts that you can use with ChatGPT, visit the mentioned website. 🚀

For more information on these use cases, check out the full video tutorial.

🗞️ Small Snacks

Nvidia reveals new A.I. chip, says costs of running LLMs will ‘drop significantly’

Exclusive: OpenAI funds new journalism ethics initiative

ChatGPT and Claude are ‘becoming capable of tackling real-world missions,’ say scientists

🎁 Free Gifts

Craft the Perfect ChatGPT Prompts with our free prompt engineering cheat sheet and training video to create the perfect sequence prompts that work every time.

Build a custom nocode AI chatbot for your website with our free 9-step AI chatbot training video series to increase both sales and customer service.

Choose the best AI tools for your business with our full list of top-rated AI software, which includes rankings by category as well as competitor comparisons.

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